Hi everybody, my brother bought a property in Florida earlier this year and is now thinking of selling it. Does anyone know what Capital gains tax he will be liable for if he makes a profit. Does he have to pay CGT in England and in Florida or just in one country or what ever.

I own an apartment in Turkey and I read in this forum that if you own property over 5 years there is no CGt to pay in Turkey. What do you pay if you sell if before 5 years and do you have to pay it again in England.

All info greatly received.
thanks in advance

Jeannie